PPP Loan information for Owens electric co.

$368,200

Owens electric co. was initially approved for PPP Loan of amount $368,200, the current approved amount is $368,200. The loan was approved on 04/15/2020 by The The Union Bank Company reported 25 jobs and $368,200 was used to fund payroll.

Owens electric co. is Existing or more than 2 years old

OWENS ELECTRIC CO.

Date Approved

04/15/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

OWENS ELECTRIC CO.

Borrower Address

146 S GREENWOOD STREET

Borrower City

MARION

Borrower State

OH

Borrower Zip

43302-4114

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368200.00

Current Approval Amount

368200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57443

Servicing Lender Name

The Union Bank Company

Servicing Lender Address

105 Progressive Dr.

Servicing Lender City

COLUMBUS GROVE

Servicing Lender State

OH

Servicing Lender Zip

45830

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

MARION

Project State

OH

Project Zip

43302-0001

CD

OH-04

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

368200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57443

Originating Lender

The Union Bank Company

Originating Lender City

COLUMBUS GROVE

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

371508.76

Forgiveness Date

03/11/2021

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